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DT Midstream DTM Net Income

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Segments

By segment

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Pipeline$108M+17.4%
Gathering$22M+37.5%

Other financials

Income statement

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Revenue$336.0M+10.9%
Operating income$166.0M+12.2%
EPS (diluted)$1.27+19.8%

Balance sheet

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Cash & equivalents$150.0M+80.7%
Total debt$3.4B-1.8%
Total equity$4.8B+2.4%
Total assets$10.2B+0.7%

Cash flow

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Operating cash flow$280.0M+13.4%
CapEx$78.0M+9.9%
Free cash flow$202.0M+14.8%

Valuation

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Market cap$13.58B+28.1%
Enterprise value$16.8B+20.6%
P/E29.3×+1.1×
P/S10.6×+1.1×

Profitability

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Operating margin49.5%+0.4pp
Net margin36.3%+1.3pp
FCF margin36.6%-6.1pp

Returns & leverage

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Return on equity9.9%+1.6pp
Debt / equity0.7×0.0×
Current ratio1.3×+0.4×

Where this comes from

Reported directly by DT Midstream in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: DT Midstream’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 2:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001842022-26-000006
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Income Tax Expense3635
Net Income134111
Less: Net Income Attributable to Noncontrolling Interests43
Net Income Attributable to DT Midstream$130$108
Basic Earnings per Common Share
Net Income Attributable to DT Midstream$1.28$1.07
Diluted Earnings per Common Share
Net Income Attributable to DT Midstream$1.27$1.06

Item 1. Financial Statements

FAQ

What is DT Midstream's net income?
DT Midstream (DTM) reported net income of $130M in Q1 2026.
How has DT Midstream's net income changed year-over-year?
DT Midstream's net income increased by 20.4% year-over-year, from $108M to $130M.
What is the long-term trend for DT Midstream's net income?
Over 4 years (2021 to 2025), DT Midstream's net income has grown at a 9.5% compound annual growth rate (CAGR), from $307M to $441M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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